Our real world business has brought in over 1.25 million over the 3 yrs and we only started with a small $20000 loan. We have a flower shop so we have a bit of everything--services, retail, e-commerce and products. We started with a customized approach and are moving more towards products. Any advice for my situation. Good news is we have customers and we have revenues, but we are working harder and still not building any cushion. We are a small staff of 6 people.
One thing you might consider is sitting down with a CPA or financial advisor for an hour or two. They might have the experience to go over your books and quickly spot issues that are holding you back. If you can't find someone like that willing to help you then consider reaching out to a professor of finance/accounting at a local college for help. You may even become part of a case study for their students!
Answered 11 years ago
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